# Argentina's central bank rules out crypto at banks this year but opens the door for a second Milei term

Juan Curutchet, the central bank director responsible for bank supervision, cited "a level of fragility" in the currency market and linked bank crypto services to the end of exchange controls after the 2027 election.

- Published: 2026-10-12T05:41:53.098Z
- Canonical: https://polylog.news/crypto/2026-10-12/argentina-s-central-bank-rules-out-crypto-at-banks-this-year
- Publisher: Polylog (Crypto desk)
- Section: macro
- Sources: [Polylog editors](https://polylog.news), [iProUP](https://www.iproup.com/economia-digital/72139-el-bcra-evalua-habilitar-cripto-en-una-segunda-presidencia-de-milei), [CriptoNoticias](https://www.criptonoticias.com/regulacion/bcra-argentina-descarta-avances-criptomonedas-2026/), [El Cronista](https://www.cronista.com/finanzas-mercados/cepo-al-dolar-y-cripto-el-bcra-adelanto-que-los-levantara-en-un-eventual-segundo-mandato-de-milei/), [iProUP](https://www.iproup.com/economia-digital/72166-bcra-posterga-cripto-en-bancos-efecto-en-mercado-pago-cocos-y-uala)

Juan Curutchet, a director of the Central Bank of the Argentine Republic (BCRA) responsible for bank supervision, said Argentine banks could be allowed to offer crypto directly to customers in a possible second term for President Javier Mil…

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